Learn about our iPad app
Forgot your password?
acuc conference 2011
» Keywords » deposits
Items Tagged with 'deposits'
CUs in Boom and Bust Economies
Fracking has created the latest U.S. ‘boomtowns.’
November 11, 2013
Assets at the $305 million credit union in Williston, N.D., increased 27% in 2010 and 25% in 2011 at the height of the land-lease boom.
Special Report: CU Reality Check 2013
Six Loan and Deposit Pricing Lessons
Don’t base loan and deposit pricing decisions on what your competitors are doing.
April 11, 2013
Understand members’ behavior and use segmentation strategies to reduce funding costs.
Award-winning lenders, part V
Loans Are the Best Investment
Diversified loan portfolio helps CU boost its 40% loan-to-share ratio.
January 31, 2013
Series of new loan products helps Cooperative Center FCU recover from the recession and deliver on its business objectives.
Which State Has the Highest Deposit Rates?
Southern state pays the most on deposits, while a Midwestern state is the least generous.
January 23, 2013
The national average for deposit rates is 0.35%.
CUs Nationwide Report Transfer Day Membership Growth
The numbers are still being tabulated, but growth estimates are impressive.
November 7, 2011
CUs from various regions report membership, deposit growth.
What Is Adverse Action?
Answers to CU questions about adverse action notices.
October 15, 2011
The Dodd-Frank Act amended FCRA to require CUs to disclose that a credit score was used in taking any adverse employment action.
Consider Deposits an ‘Economic Ballot Box’
Keeping deposits liquid indicates a lack of consumer confidence.
April 11, 2011
The fact that nearly $6 trillion in deposits currently sits idle in liquid accounts, earning less than 0.5% in interest, indicates a strong lack of consumer confidence.
Why RDC: Aren’t Checks Dead?
A new white paper examines the increasing adoption of remote deposit capture.
November 4, 2010
As long as people write checks, RDC will be in demand.
'It's Not a Bailout'
Key points for board members about the NCUA corporate actions.
September 30, 2010
It's important to correct any misperceptions about the corporate credit union and legacy asset plans.
Credit Union Magazine
September 2014 digital edition
Plan Your Deposit Pricing Strategy Before Rates Rise
Q&A: How Technology Shapes CU Branch Design
Q&A: Staff Functionality Dictates Modern Branch Design
Four ‘Must Haves’ for Mobile Pay Technology
Money Machine Grabs Shoppers' Attention
While I thought that the premise of the article was good, I found one point very disturbing. It is that the Visions FCU ages people off their board at age 70. I found that really offensive. It perpetuates what I believe to be the regrettable marginalization of elders in our society, and the often erroneous assumption of debility and decline after a certain chronological age. Lots of folks over 70 are leading dynamic and viable professional lives and contributing to our society. How about Warren Buffet, a number of Supreme Court Justices, Jimmy Carter, the late Nelson Mandela and the late Maya Angelou, to name but a few, along with scads of writers, academics, performers, artists, and often our friends, neighbors and colleagues. If Visions wants new people on their board, it seems as though the term limitations and a nominating committee can accomplish that without aging all people off at age 70. I think that’s so insulting. And if those were paid employment, it would be illegal. I do wish you’d have picked a different credit union to profile---one that perhaps does many of the same things, without the arbitrary age exclusion. There have to be others out there.
David, good point about the "recovering comfortably" comment. That was an editorial addition--which I'll remove.
Many good points but too rosy? Will the "Federal Reserve raise short-term interest rates 1% per year for the next three years, starting in 2015—“probably next year at this time” ? I have heard from other economist that the US government will go bankrupt if that happens due to the QE the fed has done for several years. Also it seems an exaggeration to say “We survived a heart attack,now the economy is recovering comfortably." Comfortably recovering is too ignore the economic stress that many members still live with daily that will eventually affect many credit unions.
Karan, Great article and insight. I would also recommend that you start getting those credit cards into the hands of the youth BEFORE they are in college. One of the best ways to reach this young generation is through mom and dad. Before the student goes to college, get them started with a credit card (even if mom and dad are joint on it). It's never too early to start marketing credit cards. Mark
Tweets by @cumagazine
Say: Does Your CU Offer Subprime Loans?
. Design, CMS, Hosting & Web Development ::